2025 Compare Cities Economy:
Newport Beach, CA vs Homestead, FL

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Highlights
- Household income in Homestead, is 63% less than it is in Newport Beach and is 32% below the National Average.
- Newport Beach unemployment rate is 5.0%.
- Homestead unemployment rate is 8.7%.
 Newport Beach, CAHomestead, FLUnited States
 Unemployment Rate  Unlock8.7%6.0%
 Recent Job Growth  Unlock0.8%1.6%
 Future Job Growth31.9%  Unlock33.5%
 Sales Taxes7.8%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$105,002  Unlock$37,638
 Household Income  Unlock$52,334$69,021
 Family Median Income$188,059  Unlock$85,028
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 Est. Households By Income
 Newport Beach, CAHomestead, FLUnited States
 Income Less Than 15K  Unlock13.1%9.4%
 Income between 15K and 20K1.5%  Unlock3.8%
 Income between 20K and 30K  Unlock9.7%8.1%
 Income between 30K and 40K3.1%  Unlock8.0%
 Income between 40K and 50K  Unlock9.7%7.6%
 Income between 50K and 60K3.8%  Unlock7.2%
 Income between 60K and 75K  Unlock9.4%9.6%
 Income between 75K and 100K10.0%  Unlock12.8%
 Income between 100K and 150K  Unlock12.1%16.3%
 Income between 150K and 200K11.0%  Unlock7.8%
 Income greater than 200K  Unlock2.5%9.5%
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 Population By Occupation
 Newport Beach, CAHomestead, FLUnited States
 Management, business, finance35.3%  Unlock16.4%
 Engineering, computers, science  Unlock2.0%6.5%
 Community, social services0.9%  Unlock1.8%
 Legal  Unlock0.1%1.2%
 Education, library4.7%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.9%2.0%
 Healthcare practitioners and technology7.7%  Unlock6.2%
 Healthcare support  Unlock2.6%3.3%
 Firefighters, law enforcement1.1%  Unlock2.1%
 Food preparation, serving  Unlock5.4%5.4%
 Building maintenance1.0%  Unlock3.6%
 Personal care  Unlock2.9%2.6%
 Sales, office, administrative support21.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock6.0%0.6%
 Construction, extraction, maintenance/repair2.7%  Unlock8.1%
 Production, transportation, material moving  Unlock9.1%13.1%
Reviews for Newport Beach    21 Reviews

I've lived here since late 2014. It's pretty on the outside and ugly on the inside. The people are hyper conservative, aggressively competitive. It's all about money and  More

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Over 8 years ago

I love calling Newport Beach my home. Every time I return from travel, I can feel the stress leave my body the minute I see the Ocean. I sell real estate in Newport  More

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Over 10 years ago

I currently reside on Balboa Island in Newport Beach, Ca. I grew up in Newport on the peninsula point near the wedge. I still visit the wedge but going to that area in  More

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Reviews for Homestead    20 Reviews

I've lived in Homestead for about 12 years, and I can't wait to leave. It's a city full of poor people who can't afford to live in Miami by any stretch of the  More

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Over 7 years ago

It stinks with smelty Smokey air most evenings right in the heart of town. ATC’s run rampant. Police do nothing. Code enforcement is a laughable joke in most cases. You  More

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Over 7 years ago

My family has lived in Homestead for 4 years. Whatever you do make sure the area you rent/purchase is not within the limits of City of Homestead. Our electric bill is 4  More

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